Home prices
The median home in Gilt Edge costs $131,700. Compared to nearby areas this is roughly $20,620 (13%) lower.In comparison to the US as a whole it is roughly $85,800 (39%) lower, and it is roughly $29,900 (29%) higher in comparison to the city of Memphis.
Rents
In Gilt Edge the median monthly rent is $763. This is approximately $105 (12%) lower in comparison to other places in this area.It is about $299 (28%) lower in comparison to the United States as a whole, and is about $138 (15%) lower compared to the city of Memphis.
Nearby places
Burlison
Burlison is approximately 2 miles northeast from Gilt Edge. The housing prices there are similar. The median home value in Burlison is $126,100, which comes out to $5,600 (4%) lower than Gilt Edge. Its rents are a bit less expensive. In Burlison the median rent is $642 a month, which is $121 (18%) lower than Gilt Edge.
Garland
Garland is approximately 5 miles northeast of Gilt Edge. Its housing prices are pretty similar. Garland's median home cost is $136,100, which comes out to $4,400 (3%) higher than Gilt Edge. Its rents are a little less expensive. In Garland the median rent is $634 a month, which works out to $129 (20%) lower than Gilt Edge.
Brighton
Brighton is roughly 6 miles southeast from Gilt Edge. Housing prices there are similar. Brighton's median home price is $135,900, which works out to $4,200 (3%) higher than Gilt Edge. Rent there is a little more expensive. In Brighton the median monthly rent is $986, which works out to $223 (22%) higher than Gilt Edge.
Munford
Munford is about 6 miles south from Gilt Edge. The housing prices there are a bit more expensive. The cost of the median home in Munford is $168,300, which works out to $36,600 (21%) higher than Gilt Edge. Its rents are a bit more expensive. Munford's median rent is $893 a month, which comes out to $130 (14%) higher than Gilt Edge.
Atoka
Atoka is approximately 8 miles south of Gilt Edge. Housing prices there are substantially more expensive. The cost of the median home in Atoka is $195,200, which comes out to $63,500 (32%) higher than Gilt Edge. Its rents are a lot more expensive. In Atoka the median monthly rent is $1,186, which is $423 (35%) higher than Gilt Edge.